Tuesday, December 22, 2015

“Workers harvested fruit at the Asian Agri palm oil...

"Workers harvested fruit at the Asian Agri palm oil plantation in Kerinci, Riau, #Indonesia. In the years since the United States Federal Reserve cut interest rates, Indonesia overtook Malaysia as the world's biggest producer of palm oil and emerged as a major regional supplier of other important raw materials. But with the Fed now raising interest rates for the first time in nearly a decade, prices of palm oil have already fallen. The value of the Indonesian rupiah has plummeted. And foreign investors have been broadly rethinking the country's prospects. The photographer Kemal Jufri captured the #palmoil plantation." By nytimes on Instagram.

Posted on infosnack.

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